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20121224
20121224
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. these are your headlines from around the world. >> with just one week to go before the u.s. economy goes over the fiscal cliff, lawmakers are pointing fingers and playing the blame game. >> mario monti is saying he's available to lead italy. he'll run for office in the upcoming election, but only for a party willing to push his agenda. >>> but he has competition in the form of sylvia berlusconi. he tells cnbc he feels a responsibility to run. >> feel the need to return to the political arena to prevent the country from being delivered into the hands of a leftist party. >> and the crowds are out, the stores are ringing up those sales, but u.s. shoppers may be running low on holiday spirit. and analysts say that they're spending less, as well. hi, everybody. welcome. merry christmas out there. thank you for joining us here on the show. what we're looking at today, we've got slightly quiet markets ahead of the u.s. open. what we're seeing, though, that all the markets are being called lower across the board stateside. the dow is being called a bit lower, nasdaq is being called a bit lower and th
is affecting your trip home for the holidays. it will be a very merry christmas for the familiar leave this u.s. marine veteran just released from one of mexico's most dangerous prisons. where he stopped off before heading home causing some concern. how about this. a short-cut to becoming a doctor, a new program being offered by one of the most prestigious medical schools in our country saving both time and money for the students, but does it skimp on training, a doctor in three years? it's all happening now. but first there is troubling news on the civil war that is raging some 21 months now in syria. the international envoy trying to help end the violence there says that he's still worried there's been no progress in the ending of the bloodshed that's claimed thousands of lives. hi, everybody, i'm jaime colby, today i'm in nor jenna lee. >> reporter: i'm kelly wright in nor jon scott. the u.n. envoy meeting face to nice with the syrian president today. while their account of that meeting was lens hopeful we are hearing now even more troubling reports the syrian army may have used a deadly poi
. environmentalists, as you can imagine, are not the happy and as more and more countries use coal in just five years, china will be the number one consumer of the so-called dirty energy, we'll talk about that with an environmentalist, also, we also have our eyes on washington, of course, lawmakers are on vacation, but there still is no deal on taxes. nearly every american is going to have to pay more in just eight days if congress can't reach some kind of an agreement. checking the big board right now, the dow jones industrial average is down about 41 points. again, we've got a half day of trading and we close today at 1 p.m., so that traders can go out on christmas break. light volume, but there are significant movers that we'll talk about in just a second. in particular, apple and jb penpejb-- j.c. penney. we have shibani joshi and adam shapiro as well and first to nicole, j.c. penney, a lot of people worried about retail sales, think it's going to hit companies like j.c. penney hard? guess what? the stock is up 4%, why? >> that's a huge move on a day when the major market average, look the at j.c
, president of mws capital, joins us now for a look back at the standout stocks of 2012. good to have you on the show this morning. > > thanks a lot angie. > definitely facebook was the leader of the pack. it was the third largest ipo ever, and one of the worst opening days ever. > > what a typical disaster for today's vacuous electronic markets. but, if you held off, remember, it was $18.75 before its last earnings report, and bounced all the way up. so, not only was it the worst ipo, but, it was a story rebound stock. and it's kind of the age of 2012, was these big tech stocks. which one do you buy and where do you buy it? > there were good times and bad for apple. at one point it was the must-own stock, and then it was "you must sell quickly before the end of the year and take home your profits." > > exactly. and you know, of course, a lot of analysts are now pounding the table. apple's valuation is very compelling in the low $500 ranges. but of course, everyone stampeded into the stock. but, guess what happens? sometimes the story stocks work, sometimes everyone else owns them, then t
, mobile banking. a whole a ray of services that we can now deliver because we are connected using this frontier technology. and that is such a powerful, powerful thing. it will have legs for the next 20 years, not to mention everything else that my friend talks about in his book on abundance, but it creates so many possibilities. >> who is the it coming prosperity written for? >> well, you know, it's written for the folks watching the show. and it's written for general audience in the united states but globally. i start in the u.s., i and in the u.s.. i feel as though the story is particularly needed in the united states. i don't believe that people in pakistan or china need to hear this because the seat. even in pakistan has really struggled with so much potential. i think it is the next greatest store, the next global opportunity and the resources we wouldn't tell people that because they would be investing heavily and the dividends with other people but it's just on the cusp of happening. really exciting. and so, it's frequent in this country. and it's for anybody that believes
's a shortened trading session for christmas eve. u.s. equity markets will close at 1:00 p.m. eastern time. bond currency and commodity trading they're going to end early. in japan, indonesia, the philippines, they were all closed in europe. only the uk, french, dutch and spanish stock markets are open and they're going to be closing early. there are now only five trading sessions left in 2012. get your act together. stocks and bonds, solid gains so far this year. the dow has advanced 8% in total. the s&p 500 up almost 14%. the nasdaq has jumped 16%. it's been a good year. the end of the year also means we are just days away from the fiscal cliff, however, and that's the bad news. and looming tax hikes, spending cuts, all of that. both sides warning a very big deal becoming a bit more unlikely. >> and my one bit of advice to speaker boehner is this. you cannot pass a bill with just republicans. on a broad thing like this, you need both. and he has put himself with plan b and sort of an impossible position. he has to get these hard right goes to go along with him. and he and the president were go
appreciate it very much. join us on wednesday. happy holidays. "squawk on the street" starts right now. >> can't wait to see what jason got us here. welcome to "squawk on the street" on this final trading day before christmas. i'm carl, with melissa lee, david faber at the nyse. the new york stock exchange and nasdaq closing at 1:00 p.m. eastern time. the futures, a little bit of weakness here which we'll talk about in a minute, after it comes after a pretty bad day on friday. the european markets closed for the christmas eve holidays. london, paris, spain have each completed shortened sessions in light of the christmas holiday as well. the friday sell-off, only five trading days are left in the year. is the market getting used to the idea that a fiscal cliff solution will not happen before year end? >> only a few hours remain to finish your christmas shopping. but some words of caution for toymakers. are tablets and apps ruining the season as kids get more accustomed to technology? >> microsoft windows 8 gets more bad press today, as "the new york times" said it is not leading to a bo
from the u.s., which was dragging its feet. the final plan, the german plan, would be to soften air bases then in lit august or september crush the remnants of the r.a.f. it was a good plan but it wasn't working and goring got hitler's permission to bomb the ports. bombing was so ineffective on both sides that meant they would be bombing houses. they did. and churchill said give it back to them. that was the beginning. so, the blitz starts on september 7, i think, the evening. and germans came 81 of the next 82 nights or something like that. and the terror bombing they feared and predicted began. and there was no stopping the bombers. host: how many were killed and how many wounded in great brita britain? guest: i think about 40,000 to 45,000 londoners and 60,000 throughout then the rockets came. 60,000 people in a country of 47 million, you extrapolate, that would be at the time almost 2 200,000 americans, unimaginable numbers then and now for us in the united states. host: physically what did winston do during that time, where did he live? how did he relate to london and great bri
january. the chief investment strategist of raymond james is joining us now. there's a track record on your side about the last week of december. >> that's right, usually the last week and the week before is when the last of the retail selling takes place and there tends to be upside vacuum between christmas and first couple days of the year. 70% probability of being an up shortened week. dennis: you don't see that percentage going down because of the cliff and all that? >> i think your previous guest was right. i lived inside the d.c. beltway. i think they will come together. they won't get a grand solution, but i think they could get the first step of maybe 500,000 as your other guest suggested in terms of the definition of what wealthy is. i think he's also right on boehner. boehner has been under tremendous personal pressure to cut a deal, and when the new congress sits on january 4th, i'm coming to you from virginia right now, and cantor is indeed the next up and he has a lean and hungry look. dennis: a lean and hungry look. if markets don't rally against expectations for the l
of light, we give you thanks for giving us another day, as this chamber lies silent, we pray for joy, hope, and love within the homes of the members of the people's house. send us your spirit so that there might be peace on earth, good will among all men and women. all that is done this day be for your great honor and glory. amen. the speaker pro tempore: the chair has examined the journal of the last day's proceedings and announces to the house his approval thereof. pursuant to clause 1 of rule 1, the journal stands approved. the share will lead the house in the pledge of allegiance. i pledge allegiance to the flag of the united states of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. the chair lays before the house a communication. the clerk: the honorable the speaker, house of representatives. sir, pursuant to the permission granted in clause 2-h of rule 2 of the rules of the us us house of representatives, the clerk received the following message from the secretary of the senate on december 21, 2012, at 4:04 p.m. th
, but the regime surrounded it completely cutting us off from the world, nothing was allowed in and out. even water and bread was cut off. today we obtained dough. >> reporter: they were able to open a bakery around 1:00 p.m., and the rockets struck just hours later. as nearby hospitals quickly filled up, activists began pleading for help. >> we are joined by the reporter from beirut. this looks crazy. it looks crazy to me. do we know who is responsible for this? >> reporter: suzanne, it is absolutely horrific, and just so many grizzly details started to emerge in the hours after the attack. now, the residents in that town that we spoke with said that they believed they were targeted because that town had been liberated by the free syrian army because there's a lot of anti-regime sentiment there. they believe they were targeted deliberately by the syrian regime. syria's government, however, today posted a statement on their syrian news agency website in which they blamed this on the actions of terrorists. that's the terminology they use for rebel fighters, opposition fighters in syria. they say tha
for joining us here in booktv for a few minutes. >> my pleasure, thank you so much. >> next, from the 12 annual national book festival, elizabeth dowling taylor presents her book, "a slave in the white house: paul jennings and the madisons." it's about 45 minutes. >> good afternoon. first i am a first time author, and i'm thrilled to be here. [applause] this was a true labor of love. i researched my topic for three years and spent a year-plus writing it. it is hummabling and gratifying to see it so well received, and to be following walter isakson, robert caro, and tony. [applause] i came to develop a strong interest in paul jennings when i was director of education at james madison's month peelier in virginia. i was familiar with jennings' memoir considered by the white house historical association to be the first memoir of life in the white house. it was titled "a colored man's rem innocences of james madison," and as the title implies, it's really more about the so-called great man than it was about the author himself. my interest was in paul jennings. i set out to discover elements
between the two parties to put it off. put simply, sometimes i think they would rather throw us back into the recession than to betray their principles by compromising. the only way they know how to save the village is to burn it down. given the wanton hardship that beckons if we fall off the cliff and the chance of no deal is possible let alone one that can be reached in a few days time, why weren't we down much more? why weren't we off gigantically? why didn't we detonate? the market reaction brought about a successful t.a.r.p. bill almost immediately tlaf? why didn't we crack? it looks like we couldn't raise the debt ceiling last year, after all, the cliff is every period as horrible as those nightmares, isn't it? there is no easy answer to why we didn't crash today. i heard all day, look off, a gigantic sell-off is right around the corner. i got tons of e-mails last night. i say anything is possible. but i wouldn't count on a sell-off of the magnitude of the previous round. here is why. the western financial world would literally teetering on the abyss. atms that might not have w
Search Results 0 to 12 of about 13